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Category Archives: Real Estate
Cyprus Investment Programme
New Changes Of The Cyprus Investment Programme On Friday, the 31st of July 2020, the Cyprus Parliament has voted the revised legislation and regulations of the Cyprus Investment Program. The new final ...
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Suspension of the controversial Citizenship ...
After reports on abuse of the system Cyprus Government has decided to put the Citizenship for Investment Program to dormant as from November 1st. The announcement was made by the representative of Cyp ...
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Property Sales Surge by 54% in Cyprus in 201...
Property sales recorded a large increase in February 2016, boosted by low interest rates and by base effects. According to official data by the land registry, deeds of sale submitted to the land regis ...
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New Strategy For Attracting Companies In Cyp...
Cyprus government is implementing a new strategy for attracting companies to operate or expand their activities in the country as from January 2022. President Anastasiades announced the new strategy s ...
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Building Permits Up after six years – ...
Building permits recorded a marked increase in 2015 for the first time since 2009, accordingto new data. According to Cystat, the area of building permits increased to 881.1 mn square meters from 784. ...
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Why to purchase a Property in Cyprus till th...
Why to purchase a Property in Cyprus till the end of year 2016!! A number of non EU countries as Russia, China, some Arab countries and the others for last few years showed a great interest in purchas ...
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Cyprus Property Tax Reduced By 50%
Cyprus Property Tax Reduced By 50% It has been approved that the immovable property tax rate to be reduced by 50% and to abolish immovable property tax collected either by municipalities and communiti ...
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75% cut in property tax in 2016 – buy ...
A 75% cut in Property Tax in 2016! Also from 2017 onwards the immovable property tax will be abolished. If the payable Immovable Property Tax is paid after the 31st October and before the 31st Decembe ...
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Revised scheme for granting Cypriot citizens...
On September 13th, 2016 the Council of Ministers approved the revised scheme for granting Cypriot citizenship to non-Cypriot entrepreneurs/investors. The government wants to attract investors who will ...
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January 2, 2018! Cyprus is to impose VAT at ...
In 2004, Cyprus became a member of the European Union, and one of the EUs directives was that Cyprus had to charge 19% VAT on all building land sales. The EU officials warned the government th ...
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Booming on Cyprus Property Market.
After a period of prolonged economic difficulties and stagnation in the Cyprus property market. The property experts are now saying that following new property tax incentives and the government’s gold ...
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Overseas interest brings further optimism to...
The Cyprus property market has shown a significant turnaround from 2015 through to 2016, and this trend looks set to continue. The island’s land registry reported an increase in sales to overse ...
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